First Trust Managed Municipal ETF (NASDAQ:FMB) Reaches New 12-Month Low – Should You Sell?

Posted by Trevor Kearing on Sep 3rd, 2026

First Trust Managed Municipal ETF (NASDAQ:FMB – Get Free Report)’s stock price hit a new 52-week low on Thursday . The stock traded as low as $49.65 and last traded at $49.69, with a volume of 186931 shares trading hands. The stock had previously closed at $49.71.

First Trust Managed Municipal ETF Stock Down 0.1%

The company’s 50 day moving average price is $50.68 and its 200-day moving average price is $51.03.

First Trust Managed Municipal ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 21st were paid a $0.158 dividend. This is a positive change from First Trust Managed Municipal ETF’s previous monthly dividend of $0.16. The ex-dividend date was Friday, August 21st. This represents a c) annualized dividend and a yield of 3.8%.

Institutional Investors Weigh In On First Trust Managed Municipal ETF

Large investors have recently made changes to their positions in the business. Continuum Advisory LLC bought a new stake in shares of First Trust Managed Municipal ETF in the 2nd quarter worth approximately $29,000. Frazier Financial Advisors LLC bought a new position in First Trust Managed Municipal ETF during the first quarter valued at $31,000. PNC Financial Services Group Inc. purchased a new stake in First Trust Managed Municipal ETF in the third quarter worth $51,000. Ascentis Independent Advisors purchased a new stake in First Trust Managed Municipal ETF in the first quarter worth $53,000. Finally, Tucker Asset Management LLC bought a new stake in shares of First Trust Managed Municipal ETF in the fourth quarter valued at $54,000.

First Trust Managed Municipal ETF Company Profile

(Get Free Report)

The First Trust Managed Municipal ETF (FMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests primarily in investment-grade municipal bonds, with some high-yield exposure. FMB was launched on May 13, 2014 and is managed by First Trust.